Daily Current Affairs Update – 24th January 2017

GK Eduwrap 24 Jan


Get daily current affairs update, latest general knowledge and boost your IQ and prepare confidently for general awareness for Bank PO exams.




National – Across the India:


1. Kerala Chief Minister Pinarayi Vijayan has inaugurated the 4 lakh square feet latest IT building, ‘Jyothirmaya’ at the Infopark in Kochi.


Jyothirmaya at the Infopark in Kochi


 Dedicating the 9-storeyed building, constructed over six acres of land, he said 80,000 job opportunities will be created when the buildings constructed during second phase of development at Infopark become fully operational.


 At present, 15 companies have taken up space in the new building.




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2. Priya Entertainments Pvt Ltd has set up an Ecotourism project at Khairabera, foothills of Baghmundi, in Purulia district of West Bengal.


 The adventure camp is located 300 km from the city.


 Bookings for luxury tents, individual cottages and camping tents can be made through the website, www.ecoadventureresorts.net


 The aim was to promote the rich culture, natural beauty and heritage of the district of Purulia among tourists.




3. Commerce & Industry Minister Smt Nirmala Sitharaman launched Rubber Soil Information System (RubSIS), an online system for recommending application of appropriate mix of fertilizers to the specific plantations of rubber growers depending upon their soil nature in New Delhi today.


 Smt Rita Teaotia, Commerce Secretary and other senior officials of the Ministry and Rubber Board were present at the occasion.


 The RubSIS recommends application of an appropriate mix of fertilizers o the specific plantations of rubber growers depending upon their soil nature.




4. The Election Commission gave its nod to the Centre to present the Union Budget on February 1 ahead of the Assembly polls, but said no schemes related to these poll-bound states can be announced and the Finance Minister’s speech should not refer to the government’s achievements in these states.


Election Commission gave nod to present Budget on Feb 1


 It also reminded the government of a 2009 advisory which said vote-on-account instead of a full-fledged budget is presented ahead of elections as per convention.




5. The Fiscal Responsibility and Budget Management (FRBM) Committee has submitted its 4-volume report on changes in FRBM Act, 2013 to the Union Finance Minister Arun Jaitley.


 The 5-member committee was headed by N.K. Singh, former Revenue and Expenditure Secretary and former MP. Its member included RBI Governor Urjit Patel, Chief Economic Advisor Arvind Subramanian, former Finance Secretary Sumit Bose, and National Institute of Public Finance and Policy Director Rathin Roy.


 The committee was constituted in May 2016 following Finance Minister Budget 2016-17 announcement. It was assigned task to review the working of the FRBM Act over last 12 years to suggest the way forward.




International – Across the Globe:



1. In a first India and UAE have launched dialogue on the security situation in Afghanistan in the backdrop of recent assassination of five diplomats from the Gulf country by suspected Taliban.


India and UAE  launched dialogue on the security situation


 The two sides in their maiden strategic dialogue in Delhi last Friday — ahead of Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan visit — explored counter-terror cooperation & security coordination in landlocked Afghanistan where five UAE diplomats were killed in a recent terror attack, persons familiar with the development indicated to ET.


 The strategic dialogue led by respective deputy foreign ministers discussed various aspects of strategic and defense partnership




2. India, along with Brazil, Argentina and some other nations rejected an informal attempt of European Union (EU) and Canada to work towards a global investment agreement at World Trade Organization (WTO)-level.


 The EU and Canada proposed agreement incorporates a contentious Investor-State Dispute Settlement (ISDS) mechanism. They wanted their investment pact to be the template for a similar multilateral agreement.




3. US President Donald Trump signed an executive order to formally pull US out of the negotiating process of the Trans-Pacific Partnership (TPP), a mega trade deal of 12 Pacific Rim countries.


Trans-Pacific Partnership (TPP)


 TPP was one of the major international trade initiatives of his predecessor Barack Obama aimed to set trade rules for the 21st century and bind US allies against growing Chinese economic clout.


 During the Presidential election campaign, Trump had vowed to withdraw the US from the TPP which he argued was harmful to American workers and manufacturing.




4. New Mauritius Prime Minister Pravind Kumar Jugnauth who assumed office after his father Anerood Jugnauth, 86, stepped down from the post.


Mauritius Prime Minister Pravind Kumar Jugnauth


 Anerood Jugnauth, who has been in his post since 2014, announced that he was resigning in favour of a “younger and more dynamic leader”.


 Pravind Jugnauth, 55, is the leader of the main political party Militant Socialist Movement (MSM), and had already formed his ministerial cabinet after receiving an appointment letter from President Ameenah Gurib-Fakim.




Sports & Athletics:



1. Wriddhiman Saha of Bengal scored an unbeaten 203 and his 316-run stand with Cheteshwar Pujara (116 not out) helped Rest of India clinch the Irani Trophy against Ranji Trophy champions Gujarat in Mumbai.


India won Irani trophy


 India won by six wickets even after Gujarat took the first innings lead.


 Wriddhiman Saha was adjudged the Man of the Match.


 India won the Irani Trophy for the 15th time.




2. Former India opener and the current mentor of Kings XI Punjab, Virender Sehwag has been named as the brand ambassador of the franchise.


Virender Sehwag


 Sehwag will also be the team’s head of Cricket Operations and Strategy in the upcoming Indian Premier League season. The former cricketer has been associated with Kings XI Punjab since the 2015 edition of the IPL.





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Awards & Recognition:



1. Asia Society Museum has been a pioneer in identifying and fostering avant-garde artists and engaging new audiences with their work.


2017 Asia Arts Awards India


 With this mission in mind, Asia Society inaugurated the Asia Arts Awards—A Gala Celebration honouring the Asia Arts Game Changers.


 This special event, now in its fifth year, will be held for the first time in New Delhi in February. Asia Arts Awards India is an opportunity to recognize and honour ground-breaking artists.




2. David Warner, the Australia cricket team opener, has been named the country’s best cricketer of the year, securing the Allan Border medal for the second year in succession.


 David Warner

 He joined an exclusive list of Australian cricketers who have won the medal more than once, becoming only the fourth player to do so.


 Ricky Ponting, Michael Clarke and while Shane Watson have also achieved the feat twice or more.


 Warner was also named the ODI cricketer of the Year.




Appointments & Resignations:



1. Transportation app Ola said it has appointed former PepsiCo executive Vishal Kaul as its Chief Operating Officer (COO).


Vishal Kaul


 He succeeds Pranay Jivrajka, Ola’s first employee.


 Jivrajka has now been appointed as Founding Partner and will continue to work closely with Bhavish Aggarwal, Ola co-founder and CEO.




2. US president, Donald Trump, the newly sworn-in leader and chief made quick work in designating Indian American senior GOP member of the Federal Communications Commission Ajit Pai as the commission chairman.


Ajit Pai


 Pai is one of the two Republican commissioners on a five-member panel that regulates the country’s communications infrastructure, including TV, phone and internet service.


 In addition to Pai, Trump has nominated two Indian Americans to high-level positions: Nikki Haley as the cabinet-level ambassador to the United Nations and Seema Verma as the head of the agency for government health insurance programs.




Economics & Banking GK:



1. Wholesale reinsurance provider Swiss Re has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to open a branch in Mumbai.


IRDA approved Swiss Re branch in Mumbai


 With the composite branch license, Swiss Re will be able to operate in India and offer both non-life and life and health reinsurance solutions directly to clients and brokers in the country.




Science & Technology:



1. Scientists have spotted a new view of the dark, contorted center of a sunspot that is nearly twice the diameter of the Earth.


sunspot twice size of earth


 It was spotted using Atacama Large Millimetre/submillimetre Array (ALMA) antennas located in Atacama Desert of northern Chile. The discovery is an important expansion of range of observations that can be used to probe the physics of our nearest star.




2. According to scientists from Food Standards Agency (FSA) of United Kingdom, chips, potatoes and bread cooked to brown can cause cancer.


 According to FSA when the starchy foods are roasted, grilled or fried for too long at high temperatures (above 120 degree Celsius), it produces carcinogenic chemical Acrylamide.


 Acrylamide is a chemical used primarily in making polyacrylamide and acrylamide copolymers that are used in industrial processes such as a production of dyes, plastics, paper. It is also used in treatment of drinking water and waste water.




Important Dates:



1. The National Girl Child Day is celebrated on 24 January at a special function organized by the Ministry of Women & Child Development in New Delhi in the light of exemplary achievements by nation’s daughters during 2016.


National Girl Child Day


 With a commendable performance at the Olympics and Paralympics and a historic induction of the first female fighter pilots into the Indian Air Force, it has truly been a proud year for India.


 The occasion was marked by felicitating 10 districts under the Beti Bachao Beti Padhao scheme for their exemplary performance.




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GK Eduwrap will help you keeping aware about all the major happenings of the country and the world and update your current affairs/general knowledge.


This will help you in preparing for all the competitive exams like IBPS, SSC, RRB, etc.


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